Here is a question that has bothered me for a while and I am surprised that nobody else seems to have asked it before:
How comes Western countries had the better orchestras (collectives) and Soviet Union the better classical music soloists during the Cold War? Would one not expect the contrary? And, perhaps more importantly: can economists learn something relevant from this observation?
MUSIC AND SPORTS
There were great orchestras both in the East and in the West and one could argue endlessly who were the greatest soloists. However, Van Cliburn is still ...

ReforMeter

Most popular blogs

When thinking of “market distortions” we typically imagine government regulations, taxes and subsidies that prevent market mechanisms from achieving an optimal outcome. For example, if you pay $100 f...

In March 2015, 31-year-old Tamar Trapaidze died of severe toxicity in Italy. Like many Georgian women of her generation, Tamar was an illegal immigrant employed as an in-home care worker by an Italia...

The first tea bushes appeared in Western Georgia in 1847, and since then tea production has played a significant, yet widely unknown, role in Georgia’s history. The humid and subtropical climate of W...